Rosatom sees Northern Sea Route costs at 735 billion roubles, Russian budget to provide a third
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MOSCOW (Reuters) - Russia's ambitious Northern Sea Route (NSR) requires 735 billion roubles (9 billion pounds) in investments, with the state budget to provide a third and the rest to come from companies and banks, the head of state nuclear firm Rosatom, Alexey Likhachyov, said. Rosatom, the world's top nuclear company in terms of foreign orders, was selected by the Russian government to operate the NSR - the Arctic route Moscow wants to turn into a new Suez - coordinating development of the..